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Tag Archives: Raytheon

January 30 Morning Report: GovCon Index Gets Boost From General Dynamics’ Positive 3-Year Sales Outlook

Executive Mosaic’s GovCon Index posted a 0.257-percent gain to 88.929 Friday despite decliners outnumbering gainers by a 2-to-1 ratio as General Dynamics (NYSE: GD) recorded an all-time high on a positive three-year sales outlook. General Dynamics, which was GCI’s top net and percentage performer, said in an earnings call it expects revenue to increase 5.6 …

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January 27 Market Close: GovCon Index Held Positive by General Dynamics on Upbeat 3-Year Sales Outlook

Executive Mosaic’s GovCon Index held positive Friday to end the week flat despite a majority of its 30 stocks in negative territory as S&P 500-listed General Dynamics (NYSE: GD) surged to an all-time record high during the session after the defense contractor issued a bullish three-year sales outlook. U.S. stocks traded slightly …

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NASA, Industry Team Resume James Webb Space Telescope Vibration Tests

TYSONS CORNER, VA, Jan. 27, 2017 — NASA and the industry team working on the James Webb Space Telescope have resumed vibration tests following a shutdown of assessments in December due to a sensor reading anomaly, ExecutiveBiz reported Thursday. The team comprised of Goddard Space Flight Center, Northrop Grumman (NYSE: NOC), Orbital ATK …

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January 26 Market Close: GovCon Index Dragged by McKesson, Raytheon & Northrop in Mixed US Stock Trading Session

Executive Mosaic’s GovCon Index traded lower Thursday with declines by large caps McKesson Corp. (NYSE: MCK), Raytheon (NYSE: RTN) and Northrop Grumman (NYSE: NOC) the main contributors in a mixed trading session for U.S. stocks. GovCon Index decliners slightly edged gainers as seven of its 11 S&P 500 components advanced with co-listed L3 Technologies (NYSE: LLL) …

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Raytheon Gets $56M Navy Delivery Order to Repair F/A-18 Targeting Pods

Raytheon (NYSE: RTN) has secured a $56.4 million firm-fixed price delivery order from the U.S. Navy under an existing basic ordering agreement to repair multi-sensor, electro-optical targeting pods that the service branch uses on the F/A-18 aircraft. The Defense Department said Wednesday the company will perform repair work on the Advanced Targeting Forward …

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Raytheon, Leonardo Drop Out of T-X Trainer Program Partnership

Raytheon (NYSE: RTN) and Leonardo have decided to end their partnership to compete for the U.S. Air Force’s T-X trainer aircraft program after the companies failed to “reach a business agreement, ” Defense News reported Wednesday. Aaron Mehta and Valerie Insinna write Leonardo said in a statement published Wednesday the firm has started to …

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Raytheon, (ISC)2 Charitable Trust to Award Cyber Scholarships to Women; Dave Wajsgras Comments

TYSONS CORNER, VA, Jan. 25, 2017 — Raytheon (NYSE: RTN) and (ISC)2’s charitable trust will award scholarships to six women to support their efforts to achieve cybersecurity degrees and careers, GovCon Executive said Tuesday. Three female college students and three mid-career professionals will be selected for the Raytheon Women’s Cybersecurity Scholarship by (ISC)2’s Center …

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Raytheon Secures $235M in Navy Standard Missile-6 Production Funds

The U.S. Navy has awarded Raytheon (NYSE: RTN) a $235 million contract to fund the fourth year of full-rate production of Standard Missile-6 all-up rounds and spares. Raytheon said Monday it is scheduled to begin delivery of new SM-6 multimission missiles to the Navy in 2018. The company added the missiles will feature an anti-surface function and will be deployed on …

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State Dept OKs $510M in Missile, Apache Logistics Support Requests from Kuwait

The State Department has approved Kuwait’s request to buy advanced medium range air-to-air missiles and logistics support for Boeing-built (NYSE: BA) AH-64D Apache helicopters under a pair of foreign military sales agreements worth approximately $510 million combined. Kuwait requested to procure contractor logistics and sustainment support services for Apaches, as well as simulators, …

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January 23 Market Close: GovCon Index, US Stocks Fall on Trump Trade Pact Withdrawal Order

Executive Mosaic’s GovCon Index tumbled in conjunction with larger declines on Wall Street Monday as investors retreated from equities after President Donald Trump signed an executive order to withdraw from the 12-country Trans-Pacific Partnership trade agreement. GovCon Index decliners outnumbered gainers by a 4-to-1 ratio and two of its 11 S&P 500 …

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